Nestle Nigeria Plc has reported a 328% year-on-year surge in net losses for the nine months ending in 2024, with losses climbing from N43.068 billion to a staggering N184 billion. This increase is attributed to significant foreign exchange losses and heightened operating expenses, according to the company’s unaudited financial statements. The report highlights an overwhelming … Continue reading Nestle Nigeria’s Nine-Month Loss Soars By 328% To N184 Billion Amid Forex Challenges